Attached release outlines some exciting news and developments for MediKane Holdings Ltd

As disclosed in the attached financial statements, the Group recorded a very pleasing after-tax profit of $1,708,961 (2019 $924,310) for the half-year to 31 December 2020. This profit was recorded on revenue of $3,776,928 (2019 $3,344,543) and after charges of $43,508 (2019 $44,283) for amortisation and depreciation.

PPS opens its expected final seed funding round today by offering up to 8M ordinary fully paid shares at $0.125 cents each to raise up to $1.0m. PPS has a solid balance sheet with current cash in the bank of approx. $1.6M and this, together with the $1M of seed funding will position the Company well in the lead up to its planned IPO late this year. Refer attached release.

Further to the release today in relation to the final seed round by PPS as it tracks towards an IPO late this year, the attached Pitch Deck supports the seed round offer that opened today. The Directors reserve the right to close this current round at anytime.

Urbotanica – maker of Australia’s smartest indoor garden, the UrbiPod, has just signed a Letter of Intent (LOI) with an overseas private investor from India. Refer attached release

The ASW Directors are pleased to announce an interim dividend of 2.5c (fully franked at 26%) per ordinary share. The increased dividend is a result of the Company’s expected increased profit for the 6 months ended 31 December 2020

First release by MediKane Holdings Ltd (MKH) on PCP's platform